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Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG
RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine months.
Shipments fell to 4.55 million metric tons in April from 5.97 million tons in the same month a year earlier, the terminal said in an e-mailed response to questions today. That’s the biggest drop since July last year, when they declined 26 percent. Stockpiles at the terminal climbed to 4.19 million tons, the highest since March 2007.
“It’s the market, its terrible,” Xavier Prevost, a coal analyst in South Africa, said in an interview from his mobile phone today. “With the prices most of the producers are not keen on actually exporting or selling too much coal.”
Prices of coal shipped from the terminal fell 44 percent Over the last year and traded at an average of $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Sunday, 18 September 11
THE COAL IMPORTS TO INDIA, OUT OF INDONESIA LIKELY TO PICK UP - CAPT. REDDY
COALspot.com - The freight market continued the upward trend until midweek almost touching 2,000 points, however towards second half of the week the ...
Saturday, 17 September 11
GVK ACQUIRES HANCOCK COAL AND INFRASTRUCTURE FOR US$ 1.26 BILLION
COALspot.com - GVK group, India’s leading infrastructure developer,confirmed arrangements for the acquisition of a strategic part of large, hi ...
Saturday, 17 September 11
INDIA'S GVK ACQUIRES HANCOCK COAL AND INFRASTRUCTURE PROJECTS IN AUSTRALIA
COALspot.com - GVK group, India’s leading infrastructure developer, today confirmed arrangements for the acquisition of a strategic part of la ...
Friday, 16 September 11
DELTA DUNIA MAKMUR REMOVED 30.9 MILLION BCM OVERBURDEN IN AUGUST 2011
COALspot.com - PT. Delta Dunia Makmur Tbk has removed 30.9 million bcm (+13.2% YoY) overburden in August 2011 while coal production was at 2.9 ...
Thursday, 15 September 11
RUSSIAN COAL EXPORTS UP 10.9% IN JAN-AUG TO 71.50 MILLION TONS - PORT NEWS / HELLENIC SHIPPING
Port News reported that, Coal exports from Russia in January-August 2011 grew by 10.9% compared with the same period last year, to 71.50 million ton ...
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- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Tata Chemicals Ltd - India
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- White Energy Company Limited
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
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